Today, Microsoft has begun gearing up for the holidays as they’ve announced a $50 price cut for all their current system bundles. All major retailers including Amazon, Best Buy, Toys ‘R Us and others will be taking part in this price cut. As of now, the only Xbox that isn’t getting the price drop is the baseline 4GB Xbox without Kinect. These price cuts are said to be for a limited time only, so make sure to purchase your Xbox soon.

Microsoft has also announced that they will be selling multiple holiday bundles this year. One of these buncles will run you $399.99 and will include a 250GB Xbox with Kinect, Kinect Sports 2, Kinect Adventures, Dance Central 2 and a month of Xbox Live Gold. Microsoft has also announced two $299.99 Xbox bundles. One includes a 4GB Xbox, Kinect, Kinect Adventures, Kinect Disneyland Adventures and one month of Xbox Live Gold. The other $299.99 bundle includes a 250GB Xbox along with Skyrim, Forza 4 Essentials Edition and, of course, a month of Xbox Live Gold. As of now, we’re not totally sure as to when these bundles will go on sale, though it should be soon.

Finally, Microsoft has also put their Halo 4 edition Xbox up for preorder with a shipment date of November 6th.